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Restaurant in Luton For Sale

Restaurant in Luton For Sale
Buy a Restaurant in Luton For Sale Sell a Restaurant in Luton For Sale Restaurant in Luton For Sale for Sale Restaurant in Luton For Sale for Sale Restaurant in Luton For Sale for Sale Restaurant in Luton For Sale for Sale Restaurant in Luton For Sale for Sale

Register to see map and to make an appointment Town centre and close to railway station, BEDFORDSHIRE. LUTON

Turnover 3,500
Price 66,500 / 505,000

Features

Fully Equipped Restaurant (catering For Gourmet Burgers, Steaks, Milk Shakes)

Single fronted RESTAURANT with full gas fired central heating & quality tiled floor, attractive woodstrips to walls, ceiling with woodstrips, wall & ceiling lighting. Tables & chairs providing seating for 30 persons.

OPEN PLAN KITCHEN with tiled floor, stainless steel cladding to walls, stainless steel extractor, gas griddle, double deep fryer, upright deep freezer, walk in coldroom, sink, etc.

Customers' cloakroom with w.c. & wash hand basin

Basement - ideal for storage purposes

Turnover

WE ARE INFORMED the turnover averages 3,500 p.w. including takeaway & delivery - in our opinion offering tremendous potential for further increase in the right hands.

Staff

Staff employed: 1 full time chef plus 1 part time kitchen help plus 2 part time front of house.

Trading Hours

Monday - Thursday inclusive - 12 noon - 10 p.m.
Friday & Saturday - 12 noon - 11 p.m.
Sunday opening - 1 p.m. - 10 p.m.

Tenure

The vendor owns the freehold and, subject to satisfactory references, is prepared to grant a new 15 years' full repairing and insuring lease at a rental of ONLY 12,000 p.a. excl. of rates for the first 2 yeasr, increasing to 13,000 p.a. excl. of rates for the third year, and thereafter rent reviews every 3 years.

Uniform business rates: 600 p.a. approx. (after small business relief).


RECOMMENDED FOR EARLY INSPECTION.

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS, 66,500 plus stock at valuation.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 33,250 (lease) 353,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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